American Airlines adds more than 100 jets to those retiring due to the coronavirus
This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page.
American Airlines will retire more than 100 aircraft early as it shrinks its fleet in response to lower demand from the novel coronavirus pandemic.
The Fort Worth, Texas-based carrier has added 76 older Boeing 737-800s, plus all nine of its Airbus A330-300s and 20 Embraer E190s, to the list of planes it will retire early amid the COVID-19 crisis, Reuters reported on Tuesday. The move would be in addition to the 51 Boeing 757s and Boeing 767s that American previously indicated it would retire early due to the virus.
American spokesperson Andrea Koos did not confirm the fleet changes but said the airline continued to modify its “flying schedule and fleet requirements based on demand.”
A decision by American to retire what would amount to more than 150 jets early makes sense. The carrier is making deep capacity cuts with plans to reduce international flying by up to 90% and U.S. flying by up to 80% in May. These cuts will require far fewer aircraft than the 942 mainline jets American flew on Dec. 31, 2019.
By the latest estimates, demand for air travel is not expected to hit bottom until June at the earliest and will take years to recover to 2019 levels. Most analysts expect U.S. demand to be down by double-digits at year-end, even with the trillions of dollars in stimulus from the government.
Delta Air Lines is removing all of its 77 McDonnell Douglas MD-88s and MD-90s, as well as some of its 767s, earlier than planned due to COVID-19. Other carriers are expected to make similar fleet reductions with older jets likely in the crosshairs.
American already planned to retire its A330-300s in the next year or two. The E190s were due to leave by year-end.
The older 737 retirements are a new addition to American’s fleet plan. The planes were previously slated to be retrofit with updated cabins that featured 12 more seats for 172 total, the same number as on its 737 MAX 8 jets.
Featured image by JT Genter/The Points Guy.
Welcome to The Points Guy!
WELCOME OFFER: 80,000 Points
TPG'S BONUS VALUATION*: $1,650
CARD HIGHLIGHTS: 2X points on all travel and dining, points transferrable to over a dozen travel partners
*Bonus value is an estimated value calculated by TPG and not the card issuer. View our latest valuations here.
- Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,000 when you redeem through Chase Ultimate Rewards®. Plus earn up to $50 in statement credits towards grocery store purchases within your first year of account opening.
- Earn 2X points on dining including eligible delivery services, takeout and dining out and travel. Plus, earn 1 point per dollar spent on all other purchases.
- Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 80,000 points are worth $1,000 toward travel.
- With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories.
- Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash's subscription service. Activate by 12/31/21.
- Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
- Get up to $60 back on an eligible Peloton Digital or All-Access Membership through 12/31/2021, and get full access to their workout library through the Peloton app, including cardio, running, strength, yoga, and more. Take classes using a phone, tablet, or TV. No fitness equipment is required.